Mauritian (SEMDEX) Market Analysis & Valuation
UpdatedJun 01, 2024
DataAggregated Company Financials
Companies84
- 7D-0.6%
- 3M1.2%
- 1Y6.0%
- YTD1.4%
The market has been flat in the last week, however the Healthcare sector is down 5.1%. Meanwhile, the market is actually up 6.0% over the past year. As for the next few years, earnings are expected to grow by 4.3% per annum.
Market Valuation and Performance
Has the Mauritian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Jun 2024 | MU₨317.8b | MU₨424.4b | MU₨52.1b | 7.2x | 6.1x | 0.7x |
| Mon, 29 Apr 2024 | MU₨319.6b | MU₨407.5b | MU₨51.2b | 7.4x | 6.2x | 0.8x |
| Wed, 27 Mar 2024 | MU₨314.6b | MU₨407.2b | MU₨51.3b | 7.5x | 6.1x | 0.8x |
| Fri, 23 Feb 2024 | MU₨309.6b | MU₨404.4b | MU₨51.2b | 7.5x | 6x | 0.8x |
| Sun, 21 Jan 2024 | MU₨309.8b | MU₨388.1b | MU₨49.8b | 7.6x | 6.2x | 0.8x |
| Tue, 19 Dec 2023 | MU₨308.9b | MU₨376.2b | MU₨48.9b | 7.8x | 6.3x | 0.8x |
| Thu, 16 Nov 2023 | MU₨314.6b | MU₨387.8b | MU₨48.6b | 8.2x | 6.5x | 0.8x |
| Sat, 14 Oct 2023 | MU₨318.0b | MU₨370.4b | MU₨46.0b | 8.3x | 6.9x | 0.9x |
| Mon, 11 Sep 2023 | MU₨308.8b | MU₨361.2b | MU₨41.2b | 7.7x | 7.5x | 0.9x |
| Wed, 09 Aug 2023 | MU₨300.0b | MU₨352.4b | MU₨40.7b | 8.7x | 7.4x | 0.9x |
| Fri, 07 Jul 2023 | MU₨295.3b | MU₨352.9b | MU₨40.7b | 8.1x | 7.3x | 0.8x |
| Sun, 04 Jun 2023 | MU₨294.0b | MU₨352.1b | MU₨40.2b | 8.9x | 7.3x | 0.8x |
| Tue, 02 May 2023 | MU₨287.0b | MU₨340.7b | MU₨35.8b | 9.9x | 8x | 0.8x |
| Thu, 30 Mar 2023 | MU₨292.7b | MU₨344.9b | MU₨35.0b | 9.8x | 8.4x | 0.8x |
| Sat, 25 Feb 2023 | MU₨300.5b | MU₨342.3b | MU₨34.7b | 9.9x | 8.7x | 0.9x |
| Mon, 23 Jan 2023 | MU₨301.4b | MU₨329.1b | MU₨33.2b | 8.9x | 9.1x | 0.9x |
| Wed, 21 Dec 2022 | MU₨305.4b | MU₨328.3b | MU₨32.6b | 8.9x | 9.4x | 0.9x |
| Fri, 18 Nov 2022 | MU₨308.3b | MU₨312.0b | MU₨30.3b | 10.6x | 10.2x | 1x |
| Sun, 16 Oct 2022 | MU₨317.0b | MU₨298.3b | MU₨28.1b | 11.4x | 11.3x | 1.1x |
| Tue, 13 Sep 2022 | MU₨319.9b | MU₨287.9b | MU₨25.8b | 12.7x | 12.4x | 1.1x |
| Thu, 11 Aug 2022 | MU₨315.0b | MU₨276.7b | MU₨24.0b | 12.4x | 13.1x | 1.1x |
| Sat, 09 Jul 2022 | MU₨317.5b | MU₨274.9b | MU₨23.8b | 13.5x | 13.3x | 1.2x |
| Mon, 06 Jun 2022 | MU₨334.7b | MU₨267.9b | MU₨23.2b | 14.3x | 14.4x | 1.2x |
| Wed, 04 May 2022 | MU₨348.8b | MU₨246.4b | MU₨13.7b | 13.6x | 25.4x | 1.4x |
| Fri, 01 Apr 2022 | MU₨338.6b | MU₨247.9b | MU₨11.8b | 12.8x | 28.7x | 1.4x |
| Sun, 27 Feb 2022 | MU₨333.4b | MU₨241.6b | MU₨9.3b | 12.1x | 36x | 1.4x |
| Tue, 25 Jan 2022 | MU₨328.3b | MU₨229.9b | MU₨4.6b | 14.1x | 70.6x | 1.4x |
| Thu, 23 Dec 2021 | MU₨319.6b | MU₨229.9b | MU₨3.0b | 14.4x | 105.3x | 1.4x |
| Sat, 20 Nov 2021 | MU₨325.8b | MU₨221.8b | MU₨3.2b | 14x | 102.6x | 1.5x |
| Mon, 18 Oct 2021 | MU₨317.5b | MU₨218.9b | -MU₨568,638,511.00 | 14.4x | -558.3x | 1.5x |
| Wed, 15 Sep 2021 | MU₨297.9b | MU₨228.5b | -MU₨7,866,070,861.68 | 16.9x | -37.9x | 1.3x |
| Fri, 13 Aug 2021 | MU₨294.6b | MU₨208.3b | -MU₨7,197,351,379.16 | 17.5x | -40.9x | 1.4x |
| Tue, 08 Jun 2021 | MU₨265.0b | MU₨205.0b | -MU₨7,527,866,692.09 | 17x | -35.2x | 1.3x |
Price to Earnings Ratio
-35.2x
Current Market PE
- Investors are optimistic on the Mauritian market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 6.1x which is higher than its 3-year average PE of -254x.
Past Earnings Growth
- Total earnings for Mauritian listed companies have gone up over the last three years, and the market is now profitable.
- Revenues have grown 27% per year, driving the profits up.
Sector Trends
Which sectors have driven the changes within the Mauritian Market?
| MU Market | -0.61% | |
| Energy | 0.14% | |
| Tech | 0% | |
| Telecom | 0% | |
| Materials | -0.088% | |
| Financials | -0.17% | |
| Industrials | -0.59% | |
| Utilities | -0.78% | |
| Consumer Staples | -1.13% | |
| Real Estate | -1.92% | |
| Consumer Discretionary | -3.57% | |
| Healthcare | -5.12% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading close to its 3-year average PE ratio of 28.8x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Utilities sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 4.7% over the next 5 years.
- However this is lower than its past earnings growth rate of 27% per year.
- In contrast, the Consumer Staples industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| MIWA.I0000 Miwa Sugar | US$0.27 | 8.0% +US$6.4m | -3.6% | n/a | Consumer Staples | |
| APL.I0000 Attitude Property | MU₨10.00 | 5.3% +MU₨80.0m | -7.4% | PE14.3x | Consumer Discretionary | |
| SUN.N0000 Sun | MU₨46.50 | 0.9% +MU₨69.7m | 83.4% | PE4.6x | Consumer Discretionary | |
| BLL.N0000 BlueLife | MU₨0.49 | 6.5% +MU₨34.6m | -14.0% | PE4.2x | Real Estate | |
| SHEL.N0000 Vivo Energy Mauritius | MU₨346.00 | 0.1% +MU₨14.7m | 18.5% | PE19.8x | Energy |
